It’s common knowledge that no market moves in one direction for an extended period without ‘pulling back’. There are many methods of analysis that try to make sense of these moves and counter-moves, these methods mostly rely on price data alone to guess the start and/or end point of a pullback...
Whilst I generally shudder when I recall my first naïve steps in the world of trading and the hoard of indicators I had on my charts, there is one indicator I feel stands apart from the rest. It’s not based on price and so represents an additional dimension on which to make decisions. I also...